FBU - Fletcher Building

[Greekwatchdog]

More snouts in the trough, execs awarded free shares even though share holders have lost $.
https://announcements.nzx.com/detail/429228

Just for the record, those shares are an award shares for Employees to partake in the FBU business. You have to be with FBU for 3 years to get these award shares.

You get 1 award share for every 2 you buy. They are awarded to you at the end of the financial year.

Yes I have some, I am an employee of a FBU unit. No I am not an exec.

[Toddy]

Just for the record, those shares are an award shares for Employees to partake in the FBU business. You have to be with FBU for 3 years to get these award shares.

You get 1 award share for every 2 you buy. They are awarded to you at the end of the financial year.

Yes I have some, I am an employee of a FBU unit. No I am not an exec.

It does cut the loss on the shares as opposed to the external shareholder holding though.

On a positive, I'm sure that the employee share trust scheme helps hold the FBU sp higher on those days when the volume is lite.

[Rawz]

Old mate at it again. Sucker for punishment?

416951.pdf (nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com)

Allan Gray now holds 110m shares. Up from 102m in the last disclosure. Now holds 14% of FBU.